| 20.10.2014 Opalesque Roundup: Blackstone, Einhorn, Fortress, Man Group lead hedge funds' asset raising efforts: hedge fund news, week 43 |
| In the week ending 17 October, 2014, Blackstone Group said that its assets rose by 15% YTD as at end September 30 bringing its total assets under management to $284bn; Man Group assets rose 25% to $72.3bn in Q3 from $57.7bn; Fortress Investment Group is seeking about $4.3bn to buy distressed credit around the world. Hedge fund managers now need between $100m and $150m in assets if they are to b |
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